Finance Jobs in Saudi Arabia

Join Our Team as a Senior Cost Accountant!
At Arab Paper Manufacturing Co (WARAQ), we are looking for a highly skilled Senior Cost Accountant to manage, analyze, and report on production costs, inventory valuation, and budgetary control to drive company profitability.

Main Responsibilities:

• Monitor and analyze production costs, direct and indirect materials, labor, and overheads.
• Maintain and validate Bill of Materials (BOM) and routing information in the ERP system.
• Perform periodic cost roll-ups and standard cost updates based on approved changes.
• Prepare detailed cost variance analysis reports, highlighting key fluctuations.
• Reconcile inventory valuation for raw materials, work-in-progress, and finished goods.
• Coordinate monthly and year-end closing activities related to cost of goods sold (COGS).
• Analyze cost structures and recommend improvements to reduce production expenses.
• Track scrap, rework, and non-conformance costs with appropriate justifications.
• Support annual budgeting and forecasting of manufacturing cost centers.
• Perform profitability and margin analysis by product, customer, and region.
• Assist internal and external auditors with cost-related inquiries and documentation.
• Evaluate the impact of price changes, exchange rates, and utility consumption on product costing.
• Prepare reports to support pricing, quotations, and tenders for both local and export markets.
• Collaborate with warehouse, production, and maintenance teams for accurate cost inputs.
• Ensure compliance with internal controls, costing policies, and audit recommendations.

Candidate Requirements:

• Bachelor’s degree in Accounting, Finance, or Industrial Management.
• Minimum of 5-8 years of experience in the same field.
• Advanced Microsoft Excel and costing tools skills.
• Strong knowledge of ERP systems (preferably Microsoft Dynamics AX).
• Analytical thinking and attention to detail.
• Proficiency in English.

Join Matar Holding company as a Purchasing Specialist

As a Purchasing Specialist, you will play a crucial role in executing the procurement of materials, equipment, and services that are essential for our organization. This position ensures timely purchasing, proper documentation, competitive pricing, and adherence to our procurement policies. You will support daily procurement operations, maintain strong supplier relationships, and contribute to initiatives aimed at reducing costs and improving processes.

Accountabilities:

• Process purchase requests and issue purchase orders in a timely manner.
• Source suppliers and obtain competitive quotations based on required specifications.
• Negotiate pricing, payment terms, delivery schedules, and contract conditions.
• Coordinate with suppliers to ensure on-time delivery and resolve any delays or discrepancies.
• Monitor inventory levels and collaborate with relevant departments to forecast needs.
• Maintain and update the approved vendor list and purchasing database.
• Review and verify purchase requisitions for accuracy and compliance.
• Prepare procurement reports including price comparisons, cost analysis, and supplier performance.
• Ensure procurement activities adhere to company policies and quality standards.
• Support vendor evaluation and participate in supplier audits when necessary.
• Maintain accurate records and filing of all procurement-related transactions.
• Collaborate with finance, warehouse, and operations teams for seamless purchasing processes.

Requirements:
Qualifications & Knowledge:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Understanding of procurement processes, sourcing techniques, and supply chain principles.
• Knowledge of contract terms, pricing structures, and vendor management.

Experience:

• 2-4 years of experience in purchasing or procurement roles.
• Experience in the same industry or ERP-driven environments is an advantage.

Skills & Competencies:

• Strong negotiation and communication skills.
• Excellent analytical skills and attention to detail.
• Proficiency in MS Office and ERP procurement modules.
• Strong organizational and time-management skills.
• Ability to handle multiple tasks and work under pressure.
• Effective problem-solving and decision-making skills.
• Accuracy in documentation and reporting.
• Strong relationship-building skills with suppliers.

Join Air Arabia Group as a Financial Manager in Dammam!
We are seeking a highly skilled Financial Manager to oversee and ensure the accuracy of our financial accounts and records. This pivotal role will help in managing costs, expenditures, and revenue in compliance with our policies and accounting standards.

Key Responsibilities:

• Manage company accounts including ledgers and suspense accounts while ensuring timely entries and verifications.
• Support management in cash-flow distribution and management, providing cash forecasts and planning.
• Monitor market movements and exchange rates to manage foreign currency transactions effectively.
• Oversee cash and bank account management to ensure timely receivables, payables, and reconciliations.
• Prepare monthly, quarterly, and annual reports for financial controls and audits.
• Facilitate audit checks and implement necessary corrective measures.
• Process tax-related requirements in the company's operational countries.

Qualifications:

• Bachelor’s degree in accounting, finance, or commerce; CA or CPA is preferable.
• 7+ years in corporate finance/accounting, preferably in the airline industry.
• Proficient in Microsoft Office with advanced skills in Excel.
• Fluent in Arabic and English.

At Air Arabia, we value accuracy, efficiency, and integrity. If you meet the qualifications and are looking to take your career to the next level, apply today!

Join Our Team as a Cost Engineer!
Are you a talented and detail-oriented Cost Engineer looking for an exciting opportunity? Eram Talent is actively searching for the perfect candidate to enhance our dynamic team. In this pivotal role, you will ensure that projects are financially viable through detailed analysis of costs, budget preparation, and expense forecasting.

Key Responsibilities:

• Develop and manage detailed project cost estimates and budgets.
• Monitor ongoing project costs, track expenditures, and identify variances.
• Conduct risk assessments and provide financial analysis to teams for effective decision-making.
• Assist in the preparation of project bids and submit detailed cost analysis reports.
• Collaborate with project managers and stakeholders to implement cost control measures.
• Review and validate contractor and vendor invoices against project deliverables.
• Maintain comprehensive documentation on all financial transactions related to projects.
• Prepare and present reports to management regarding project budgets and financial forecasts.

Requirements:

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years of experience in cost engineering or a similar financial role.
• Proficient in cost estimation techniques and project cost management.
• Strong analytical and quantitative skills with a keen attention to detail.
• Familiarity with project management software and financial systems.
• Excellent communication and teamwork skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Previous experience in the Oil & Gas sector is a plus.

Benefits:
Salary is not a constraint; the company is looking for the right candidate.

Join Alkhorayef Group as a Financial Accountant!

Are you ready to take the next step in your finance career? Alkhorayef Group is seeking a Financial Accountant to join our dynamic team. Founded in 1957, Alkhorayef Group has a rich history in the agriculture sector and has diversified into multiple industries including oil and gas services.

Key Responsibilities:

• Prepare monthly financial statements by collecting and analyzing data.
• Assemble quarterly and annual state statements.
• Respond to financial inquiries by interpreting data and trends.
• Develop forecasts and prepare special reports by studying variances and preparing budgets.
• Implement Finance policies and ensure compliance.
• Guide subordinates in their daily activities.
• Participate in on-the-job training.

Qualifications & Skills:

• A bachelor’s degree in Finance, Accounting, or equivalent.
• Certification as a Certified Public Accountant (CPA) is preferred.
• Strong knowledge of accounting regulations and practices.

If you are looking to work in a company that values customer satisfaction and provides holistic solutions across multiple sectors, we encourage you to apply now!

Join Technogroup as a Cost Accountant!
Are you looking for an exciting opportunity in the manufacturing industry? We are seeking a talented Cost Accountant to join our team in Dammam.

Key Responsibilities:

• Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
• Research material costs to ensure accuracy in the company’s accounting system.
• Evaluate the Bill of Material (BOM) for each product.
• Prepare comprehensive budgeting reports for the company and its departments.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Examine costs to determine the most efficient methods.
• Review standard and actual costs for inaccuracies and recommend cost efficiencies.
• Participate in physical inventory counts to ensure accuracy.
• Analyze and report profit margins internally.
• Assist with monthly and year-end close processes, ensuring compliance with accounting standards.

Qualifications:

• Bachelor’s degree in Accounting or Finance.
• 5 years of experience in the manufacturing industry is preferred.
• Excellent proficiency in Microsoft Excel.

If you are interested in this position, please share your CV with the job title to the provided email.

About the Job
In this role, you will be responsible for managing and optimizing project and operational costs by implementing effective cost control strategies, monitoring budgets, and identifying cost-saving opportunities. You will work closely with project managers and internal teams to track expenses, prepare financial reports and forecasts, and ensure compliance with company policies and budget requirements.

Responsibilities

• Develop and implement cost control strategies and procedures to ensure effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
• Coordinate with project managers and department heads to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits.
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
• Train and mentor cost control staff to ensure their understanding of cost control processes and procedures.
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
• Provide guidance and support to the finance team on cost control matters.
• Perform other duties as assigned by the line manager/supervisor.

Qualifications

• Bachelor / Master Degree in Accountant or Engineering from an accredited university.
• Minimum 15 years’ experience in related field on national / international major initiatives and developments.
• Extensive knowledge and experience in project cost management.
• Ability to present budgeting plans and requirements to senior management and other government authorities.
• Capable of fluently communicating in Arabic and English.
• Excellent verbal and written communication skills.

Join Matar Holding Company as a Senior Treasury Specialist!
We are seeking a highly skilled and experienced Senior Treasury Specialist to manage our cash flow, ensure liquidity, optimize investments, and mitigate financial risks. This role is pivotal in maintaining the financial health of our organization.

Key Responsibilities:

• Monitor and manage daily cash positions to ensure sufficient funds for ongoing operations and capital investments.
• Prepare cash rolling forecasts and budgets; analyze financial data to inform strategic decisions.
• Maintain relationships with banks and financial institutions.
• Develop investment strategies to optimize returns on surplus funds.
• Identify and mitigate financial risks, including currency and interest rate risks.
• Handle existing debt and arrange new debt as necessary, ensuring timely payments.
• Ensure compliance with internal policies and regulations related to treasury activities.
• Prepare and present financial reports to senior management.
• Implement and maintain treasury management systems for improved efficiency.
• Collaborate with accounting, finance, and operations departments.

Qualifications:

• Bachelor's degree in Finance, Accounting, or Banking; a master’s degree or professional certification (*, ACCA, CFA) is preferred.
• Minimum of 5 years’ experience in treasury, finance, or related fields.
• Strong understanding of financial markets, instruments, and banking.
• Proficiency in treasury management systems and financial software.
• Excellent analytical and problem-solving skills;
• Strong attention to detail and organizational abilities.
• Effective communication and interpersonal skills.

Join ORA HOLDING as a Cost Control Engineer!
We are seeking a skilled professional with a strong background in cost control and project budgeting to be a part of our dynamic team. ORA HOLDING is a renowned Saudi-based diversified group, committed to excellence and delivering integrated solutions across engineering, construction, power, energy, project management, and industrial services.

Key Responsibilities:
- Manage cost control systems and processes for projects.
- Prepare cost reports and conduct variance analysis.
- Monitor and analyze project budgets and forecasting.
- Ensure compliance with contract terms and perform BOQ analysis.

Key Requirements:

• Bachelor’s Degree in Engineering or related field.
• Minimum of 10 years of experience in cost control and project budgeting.
• Experience in SEC projects is mandatory.
• Proficient in Primavera P6 and advanced MS Excel.
• Strong coordination and reporting skills.

Apply now to take the next step in your career with ORA HOLDING!

Specialist in procurement specialized in import, communication, and coordination with factories and suppliers around the world to obtain the latest technologies and technology in the field of desalination and water solutions, searching for products, obtaining quotations, and following up on details and steps of the order until it reaches the warehouse, and experienced in quality certificates and Saber.

Join Our Team as a Cost Engineer!
Are you a talented and detail-oriented Cost Engineer looking for an exciting opportunity? Eram Talent is actively searching for the perfect candidate to enhance our dynamic team. In this pivotal role, you will ensure that projects are financially viable through detailed analysis of costs, budget preparation, and expense forecasting.

Key Responsibilities:

• Develop and manage detailed project cost estimates and budgets.
• Monitor ongoing project costs, track expenditures, and identify variances.
• Conduct risk assessments and provide financial analysis to teams for effective decision-making.
• Assist in the preparation of project bids and submit detailed cost analysis reports.
• Collaborate with project managers and stakeholders to implement cost control measures.
• Review and validate contractor and vendor invoices against project deliverables.
• Maintain comprehensive documentation on all financial transactions related to projects.
• Prepare and present reports to management regarding project budgets and financial forecasts.

Requirements:

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years of experience in cost engineering or a similar financial role.
• Proficient in cost estimation techniques and project cost management.
• Strong analytical and quantitative skills with a keen attention to detail.
• Familiarity with project management software and financial systems.
• Excellent communication and teamwork skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Previous experience in the Oil & Gas sector is a plus.

Benefits:
Salary is not a constraint; the company is looking for the right candidate.

Join Our Team as a Cost Engineer
Are you a skilled and detail-oriented professional ready to take on the role of Cost Engineer at Eram Talent? As a key part of our team, you will be responsible for providing precise cost assessments for a variety of projects, ensuring our financial objectives are met while adhering to established standards.

Key Responsibilities:

• Prepare comprehensive cost estimates and budgets for projects.
• Monitor and control project costs and financial performance.
• Conduct cost analysis and generate regular financial reports.
• Collaborate with project teams to implement cost-effective practices.
• Review and validate contractor invoices and change orders.
• Assist in financial forecasting and risk analysis.
• Identify cost-saving opportunities and provide actionable recommendations.

Requirements:

• Bachelor's Degree in Engineering, Finance, or a related field.
• 1-3 years of experience in cost engineering or a similar role.
• Strong understanding of cost estimation, budgeting, and cost control methodologies.
• Proficiency in relevant software and Microsoft Excel.
• Excellent analytical and problem-solving abilities.
• Strong communication and teamwork skills.
• Experience in the Oil & Gas or Construction industry is preferred.

Job Summary:
The Accounting & Financial Analyst is responsible for supporting both accounting and financial analysis functions, including general ledger maintenance, financial reporting, accounts payable and receivable, budgeting, and financial planning. The role ensures accuracy in financial records, assists in cash management, conducts financial analysis, and supports valuation exercises, all while adhering to company policies and compliance requirements.

Key Responsibilities:

• Financial Accounting & Bookkeeping:
  • Maintain general ledger records, ensuring transactions are accurately recorded and aligned with company policies and accounting standards.
  • Assist in month-end and year-end closing processes, including account reconciliations and journal entries.
  • Support the preparation of financial statements, such as balance sheets, income statements, and cash flow reports.
  • Participate in fixed asset tracking, ensuring proper classification and depreciation schedules.
  • Assist in maintaining internal controls, ensuring compliance with financial policies and regulations.
• Accounts Payable & Receivable:
  • Process vendor invoices, employee reimbursements, and other payments, ensuring proper approvals and documentation.
  • Assist in managing accounts receivable, tracking outstanding balances, and following up on collections.
  • Prepare aging reports, highlighting overdue payments for necessary follow-ups.
• Budgeting & Financial Planning:
  • Support the preparation of annual budgets and quarterly forecasts, working closely with finance teams to ensure accuracy.
  • Assist in monitoring budget vs. actual performance, identifying variances, and providing basic financial insights.
  • Help in compiling financial stewardship reports for internal use and reporting to stakeholders.
• Banking & Cash Management:
  • Monitor daily cash balances and assist in preparing cash flow reports.
  • Help prepare cash call requests and coordinate with banks to obtain bank statements and resolve any discrepancies.
  • Assist in bank reconciliations, ensuring alignment between company records and bank transactions.
• Financial Analysis & Reporting:
  • Support financial analysis tasks, including cost variance analysis and profitability assessments.
  • Assist in the preparation of key performance indicators (KPIs) and financial dashboards.
  • Conduct basic financial modeling and scenario analysis to support decision-making.
  • Assist in preparing reports on business performance, providing insights to management.
• Investment & Valuation Support:
  • Support the preparation of valuation exercises for portfolio companies, assisting in financial due diligence.
  • Assist in conducting comparative financial analysis to support investment decision-making.
  • Help in reviewing financial statements of investee companies and flagging potential risks.
• Compliance & Audit Support:
  • Assist in internal and external audits, preparing necessary documentation and responding to audit queries.
  • Ensure financial records are properly maintained and stored for compliance purposes.
  • Support compliance with VAT, withholding tax, Zakat, and other regulatory requirements.
• Policies, Systems & Process Improvements:
  • Follow company accounting and financial policies, ensuring compliance with internal controls.
  • Suggest process improvements to enhance efficiency in financial operations.
  • Assist in the implementation of new financial systems and automation tools to streamline accounting and reporting tasks.

Join Our Team as a Financial Analyst!
We are seeking a proactive Financial Analyst to join our dynamic team at Domo Ventures *** As a Financial Analyst, you will play a critical role in analyzing financial statements to evaluate investment opportunities and creating financial models for investors to identify profitable investments.

Key Responsibilities:

• Lead all activities in the financial and legal workstream to achieve financial close.
• Present weekly updates to senior management regarding risks involved.
• Monitor timelines and ensure adherence to agreed timelines.
• Manage transaction advisors' deliverables in line with the agreed scope of work.
• Prepare and manage annual budgets and forecasts for PPP projects and other business units.
• Update and build scenarios on financial models to assist in effective decision-making.
• Assist in dealings and negotiations with banks and project sponsors for debt and equity raises.
• Review legal documentation and provide insights on projects, reports, agreements, and other related documents.

Skills Required:

• PPP modelling experience.
• Project finance-related financial modelling experience.
• Ability to review and negotiate financing term sheets.
• Strong understanding of financial statements and key accounting principles.
• Ability to build financial models from scratch.
• Understanding of different debt terms and project financing processes.

Qualifications:
1. Bachelor's degree in a related field.
2. Minimum of 3 years of experience in a similar role.

Join us to make a significant impact on our financial strategies and investment decisions!

Join Valvoline Global Operations as a Senior Financial Analyst!

As a global leader in automotive and industrial solutions, we are seeking a dedicated Senior Financial Analyst to assist our Commercial Controller in Saudi Arabia. This pivotal role involves supporting business control tasks and delivering critical financial insights and reports to our commercial team in a competitive market.

Key Responsibilities:

• Track and evaluate financial performance by various dimensions including sales, costs, and profitability.
• Collaborate with commercial and pricing teams to offer financial insights for pricing, promotions, and sales deductions.
• Contribute to the development and evaluation of business cases for new initiatives.
• Conduct extensive financial analysis including budgeting, forecasting, and variance analysis.
• Prepare monthly accruals related to sales incentives and promotions.

What You Bring:

• Professional qualification or Master’s degree in finance, economics, or business administration.
• At least 5 years of relevant experience in an international environment with strong accounting knowledge.
• Fluency in English, both verbal and written; Arabic proficiency is a plus.
• Advanced IT skills, particularly in Microsoft Excel and financial systems, especially SAP.

Working Conditions:
This position requires on-site presence in Jeddah, with minimal travel required.

Be part of a revolutionary change
At Philip Morris International, we’re totally transforming our business and building our future on Smoke-Free products with the goal of improving lives globally. Join us on this journey and contribute to a future free of cigarettes.

Your Role:
We are looking for a Senior Financial Analyst to join our Finance team in Jeddah, reporting to the Head of Finance. This role is crucial in managing overhead budgets, supporting financial governance, and strengthening working capital performance. You will partner with cross-functional teams to ensure financial accuracy and compliance while contributing to process improvement and automation initiatives.

Your Day-to-Day Responsibilities:

• Lead the annual overhead budget planning process, ensuring alignment with strategic targets.
• Monitor actual spending versus budget and manage revisions through analysis of variances.
• Support stock management and financial flows in compliance with tax regulations.
• Lead the end-to-end invoice processing cycle, ensuring timely submissions and issue resolution.
• Participate in Balance Sheet reviews and propose actionable measures to improve cash flow.
• Assist in preparing management reports and dashboards.
• Identify and implement continuous improvement initiatives.

Who We’re Looking For:

• KSA National with a Bachelor’s degree in Finance, Accounting, Business, or related field.
• Minimum 5 years of experience in finance/FP&A preferably within FMCG.
• Professional certifications (CMA/ACCA/CPA) are an advantage.
• Fluent in English & Arabic (written & spoken).
• Strong understanding of budgeting, forecasting frameworks, and reporting methodologies.
• Experience with ERP systems, analytical thinker with attention to detail.
• Proactive communicator with the ability to collaborate effectively.

Join Our Dynamic Team as a Cost Accountant
Our client, a leading producer and distributor of high-quality, eco-friendly, reusable non-woven fabric bags, is seeking a skilled Cost Accountant to support their operational efficiency and profitability. Your expertise will help in managing cost records and providing essential financial insights.

What You'll Do:

• Develop and maintain standard costs for products, including raw materials, labor, and overhead.
• Conduct variance analysis to identify cost deviations and implement corrective actions.
• Analyze cost trends and recommend opportunities for cost reduction.
• Prepare and analyze cost reports, including product profitability and inventory valuation.
• Assist in the development and implementation of cost accounting systems and procedures.
• Support the budgeting and forecasting process with accurate cost data.
• Collaborate with production and operations teams to optimize cost efficiency.

Qualifications:

• Bachelor's degree in Accounting or Finance.
• Minimum of 3 years of experience in cost accounting.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Experience in the manufacturing industry.
• Knowledge of inventory management principles.
• Certification in Cost Management.